who sold every time YNDX broke $24 seems to have spooked YNDX now. Don't see any negatives besides the current underperformance.
Instead double the dividend for the common stock. Will be a fat dividend, easily affordable and should at least put a floor under the stock!
The Yahoo Finance message boards have been flooded w/ spam and automated responses and recommendations "that's great", "I've subscribed", "good info", etc. Should get rid of alias and post under own name like on Facebook or Google+
Don't worry, Global Warming is still in progress:
New February Heat Record for the Northern Hemisphere Set
On February 27 2013, Abu Na’Ama, Sudan measured a temperature of 44.5°C (112.1°F), the warmest reliably measured temperature on record for the month of February anywhere in the northern hemisphere.
This was not just a routine record high. This was the highest temperature ever recorded in the month of february anywhere in the northern hemisphere since record keeping began.
Services for the shorts. lol.
Not the same bulbs. The CREE 800 lumen "Insignia" bulb sold at Best Buy has a ridged head, consumes 13 watts, costs $16.99. The new CREE 800 "CREE LED bulb" has a smooth head, consumes just 9 or 9.5 watts depending on the model, and costs $12.97 or $13.97 depending on the model. And importantly, lumens watt went up from 61.5 to 84-85 and the cost went down. Huge.
... the new bulbs have "CREE" marked on the side.
I went online to see if I could order one of each. "Backordered Online Until: 03/20/2013"
$4.93 by $4.98. No $4.75 print.
There was a reason - PayOne sued Home Depot for using PayPal.
eBay should just buy out PayOne and be done with it.
Volume more than doubled on Friday. FWIW.
... set a re-occurring higher dividend. One time dividends drain the company and greatly decreases the price / cash ratio. Re-occurring dividends provide a continuing solid basis for the stock. $20 a share a year will be a good move.
The secondary is by existing shareholders so there be no dilution. The share buyback will reduce the number of shares. Overall a positive, IMO, although I prefer dividends over share buybacks.
How do you figure that dilution figure? YNDX is not selling stock, existing shareholders are. That does not increase the number of shares outstanding, it's just like if you sold your shares. YNDX will reduce the number of shares with the buy back, this is anti-dilutive.
YNDK getting pounded. Obviously the street thinks there must be something bad going on for the insiders to want to lighten up. I think YNDX's buy back is a way to say, nyet, everything is still OK, we are buying, so should you!
Bloomberg is saying they obtained documents which say the secondary is expected to be priced after the close today. With Morgan Stanley, Deutsche Bank and Goldman Sachs Group doing the sale, it should be done quickly and professionally.
Lockup ended a couple weeks ago, was public knowledge.
... the massive revenue predictions in the recent Seeking Alpha article will become about? Monday I placed a long term bet in the high 27's, stock now 30.... currently thinking of this as very high risk with very high gain potential.